15 Lisa Ct, Covington, GA, 30016 | $532/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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15 Lisa Ct, Covington, GA, 30016 | $532/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Covington at 15 Lisa Ct, Covington, GA, 30016 at $300,000 posts ROI 26.32% with $532/mo cash flow from $2,357/mo rent. Total monthly income equals $2,357/mo, and annual cash flow records $6,378/yr on $99,450 to close. Return on cash invested measures 26.32% and rental yield reads 9.43% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 137.11% and total cumulative return in cash totals $136,356.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,357/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2018

0.56 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming Southern-style home, beautifully refreshed with new flooring in the kitchen and foyer, fresh interior paint, and brand-new carpet throughoutcreating a truly move-in-ready feel! A welcoming covered front porch leads you into a bright, spacious interior where a generous foyer opens to an inviting open-concept main level, perfect for hosting family and friends. Upstairs, the expansive owners suite offers a private bathroom and a walk-in closet. The second floor also features three additional bedrooms, a full bathroom, and a large laundry room for added convenience. Located in the desirable Ashley Meadows community, residents enjoy access to a neighborhood park with a childrens playground, picnic pavilion, and a scenic pond. The elementary and middle schools are less than five minutes away, and downtown Covingtonknown for its frequent family-friendly eventsis just a short drive from your doorstep. This home blends suburban tranquility with convenient access to local amenities, offering an exceptional opportunity for its next owners.

Neighborhood Data

Neighborhood data shown for ZIP Code: 30016, Covington, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,634 (100%)
Owner Occupied HU	16,654 (73.6%)
Renter Occupied HU	5,085 (22.5%)
Vacant Housing Units	895 ( 4.0%)
Median Home Value	$242,135
Average Home Value	$271,567